Embraer Net Surged in Quarter

NEW YORK -- Brazilian aircraft manufacturer Empresa Brasileira de Aeronautica SA said its net profit jumped in the third quarter as the company's sales hit a record.

Net profit amounted to $113.7 million for the quarter, compared with $19.3 million in the year-earlier period. Net sales totaled $936.5 million, more than double the $438.6 million tallied a year earlier.